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OANDA introduces v20 account-related enhancements on fxTrade mobile app

Maria Nikolova

Refinements to v20 accounts continue, with users of OANDA fxTrade mobile app to enjoy the latest ones.

When OANDA launched the v20 trading engine in October last year to mark its 20th corporate anniversary, it was obvious that this piece of technology offers a number of advantages over the company’s legacy systems to traders: these included, inter alia, improvements to pricing (depth of market) and a new type of accounts (hedging) becoming available.

All traders willing to open a v20 account have been welcome to do so since the launch of the engine.

Ever since, the enhancements to the service have continued. The latest set of these concern OANDA’s fxTrade mobile application for Android-based devices. The most recent version of the application makes all Trade Default types available on v20 accounts, as well as on older accounts.

The update comes less than a month after OANDA introduced a raft of improvements to the application, focusing on chart trading functionalities. Amid the important enhancements is the ability of users of the application to obtain more information about their trades directly from the chart. The preceding update also focused on chart trading experience, with users of the solution given the ability to close trades from the chart. Other enhancements included the option to view and modify Stop & Limit Order types created at https://trade.oanda.com in the application.

Another of the key aspects of OANDA’s mobile application development lately seems to be the seeking of users’ feedback about existing and new functionalities, as well as making the process of submitting this feedback simpler. iPhone owners can use the Feedback button on the More tab to do this, whereas owners of Android-based phones and tablets can use the Feedback button in the More tab and in the Accounts panel, respectively.

An alternative way to examine the platform functionalities currently developed by OANDA’s team is to visit OANDA Prototypes. This website allows users to view the new features of OANDA’s fxTrade platform and mobile apps and to submit comments about these. Whereas the new website is dedicated mostly to getting users’ opinion on particular features, the Feedback functionalities on the mobile applications enable sharing of ideas and, therefore, proposing of new features too.

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